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This paper examines the use of fines and imprisonment to deter individuals from engaging in harmful activities. These sanctions are analyzed separately as well as together, first for identical risk-neutral individuals and then for two groups of risk-neutral individuals who differ by wealth. When...
Persistent link: https://www.econbiz.de/10012478175
Part of the debate over the control of drug activity in cities is concerned with the effectiveness of implementing demand- versus supply-side drug policies. This paper is motivated by the relative lack of research providing formal economic underpinning for the implementation of either policy. We...
Persistent link: https://www.econbiz.de/10012469461
This paper analyzes optimal fines in a model in which individuals can commit up to two offenses. The fine for the second offense is allowed to differ from the fine for the first offense. There are four natural cases in the model, defined by assumptions about the gains to individuals from...
Persistent link: https://www.econbiz.de/10012475266
This article surveys the theory of the public enforcement of law -- the use of public agents (inspectors, tax auditors …, police, prosecutors) to detect and to sanction violators of legal rules. We first present the basic elements of the theory … examine a variety of extensions of the central theory, concerning accidental harms, costs of imposing fines, errors, general …
Persistent link: https://www.econbiz.de/10012471807
We analyze the impact on crime of 3.7 million refugees who entered and stayed in Turkey as a result of the civil war in Syria. Using a novel administrative data source on the flow of offense records to prosecutors' offices in 81 provinces of the country each year, and utilizing the staggered...
Persistent link: https://www.econbiz.de/10013210098
Does the economic model of optimal punishment explain the variation in the sentencing of murderers? As the model … respond to victim characteristics in a way that is hard to reconcile with optimal punishment. In particular, victim … optimal punishment model predicts that victim characteristics should be ignored. Among vehicular homicides, drivers who kill …
Persistent link: https://www.econbiz.de/10012471091
The prison time actually served by a convicted criminal depends to a significant degree on decisions made by the state during the course of imprisonment--on whether to grant parole or other forms of sentence reduction. In this article we study a model of the adjustment of sentences assuming that...
Persistent link: https://www.econbiz.de/10012480030
Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the …
Persistent link: https://www.econbiz.de/10012467188
This article studies the optimal use of fines and imprisonment when an offender's level of wealth is private information that cannot be observed by the enforcement authority. In a model in which there are two levels of wealth, I derive the optimal mix of sanctions, including the imprisonment...
Persistent link: https://www.econbiz.de/10012467929
Domestic attempts to use financial incentives for teachers to increase student achievement have been ineffective. In …
Persistent link: https://www.econbiz.de/10012460423